Basic FD

Learn more about the regular Fixed Deposit Scheme from TMB.

This is among our earliest higher interest bearing savings scheme where in deposits can be made between 15 days to 120 months. Loans against such deposits are also provided. Interest can be withdrawn monthly / quarterly.

Product Highlights:

• Deposits are accepted for fixed period.
• Account can be opened for a minimum period of 15 days to 120 months.
• Nomination facility is available.
• Simple interest is eligible, depending upon the period of deposit.
• Premature Closing is allowed, subject to penalty if any.
• Loans can be obtained against the deposit amount.
• Interest can be withdrawn in option monthly / quarterly.
• Standing instruction is accepted for transferring the interest.

Deposit Rate of Interest:

• Domestic & Senior Citizen Deposit Rate of Interest.

Deposit Maturity Calculator:

InvestmentPeriod1 Months2 Months3 Months4 Months5 Months6 Months7 Months8 Months9 Months10 Months11 Months12 Months13 Months14 Months15 Months16 Months17 Months18 Months19 Months20 Months21 Months22 Months23 Months24 Months25 Months26 Months27 Months28 Months29 Months30 Months31 Months32 Months33 Months34 Months35 Months36 Months37 Months38 Months39 Months40 Months41 Months42 Months43 Months44 Months45 Months46 Months47 Months48 Months49 Months50 Months51 Months52 Months53 Months54 Months55 Months56 Months57 Months58 Months59 Months60 Months61 Months62 Months63 Months64 Months65 Months66 Months67 Months68 Months69 Months70 Months71 Months72 Months73 Months74 Months75 Months76 Months77 Months78 Months79 Months80 Months81 Months82 Months83 Months84 Months85 Months86 Months87 Months88 Months89 Months90 Months91 Months92 Months93 Months94 Months95 Months96 Months97 Months98 Months99 Months100 Months101 Months102 Months103 Months104 Months105 Months106 Months107 Months108 Months109 Months110 Months111 Months112 Months113 Months114 Months115 Months116 Months117 Months118 Months119 Months120 MonthsMaturity Value

Interest Rate updated 20^th Jan 2020, subject to change.

An investment of Rs. 1,000.00 for 12 months will fetch you interest at 6.50% p.a. and will give you a maturity value of around Rs. 1,065.00. Interest Earned being around Rs. 5.00 every 1 month / Rs. 16.00 every 3 months.

Download the Application Form:

• Basic FD Application Form (Format: Adobe "PDF" Document)